LONDON, June 2, 2014 /PRNewswire/ --
The Bioscience space is another area that has been performing
well this year and traders seem willing to make bets on short term
trades in the OTC arena. We focus on that group with our trading
list today as well as a couple of venture groups that could be the
type of firms to make an investment into these companies.
Amarantus Biosciences (OTC: AMBS) has been on a strong run over
the last few weeks and since May
9th shares have been in a confirmed uptrend
closing on Friday just below $0.10
after being down in the $0.06 range
at the beginning of last month. The biotech firm presented at
the Hyatt last week in New York
and the stock has continued to be favored since that time. Traders
will be looking for shares to push through the $0.10 range where it was in March his time
around.
Plandai Biotech (OTC: PLPL) in contrast has been stuck in a
downtrend since the mid April timeframe with shares possibly
looking at a break higher at this point. Investors will be
circling around this stock which has been higher than $3.00 in the trading year which now sits at
$0.39. There seems to be support for
Planndai at these levels and may have been overlooked for too long
as current trading suggests.
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GrowBlox Sciences (OTC: GBLX) was one of the big winners on the
OTCBB to close trading last week as shares broke through resistance
to snap out of the recent downtrend and move higher by
47%. Traders will be looking for follow through in this
medical marijuana play for it to move to the next resistance point
around $3.20. In addition to new
product news released on Friday this stock may just have turned a
corner moving into summer trading.
Limitless Ventures (OTC: LVGI) closed lower by 12% on Friday as
it could not hold onto gains from the previous trading
sessions. After almost doubling in price last Wednesday shares
are still higher than the start of that trading day after closing
at $0.0022 ahead of the open in the
small cap markets and pink sheet trading today.
Finally in our sector OTC and penny stock focus list today we
looked at another firm that has just released positive news on the
back of a strong days trading - Infinex Ventures (OTC: INFX) rose
in trading by a cool 208% after hitting a recent low last
week. Traders will be looking for this company to hold its
price in trading today as it looks to reach the next level of
resistance at $0.06. Interestingly Infinex is looking into
funding for marijuana companies which fits in nicely with our OTC
sector focus list.
Super Stock Profits releases our daily trading report of the top
trading volume and percentage leader plays within the small cap
markets, keeping you up to date with the latest picks and the
latest news on the stocks in focus.
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companies listed in this news release.